Published on 6/29/2020 in the Prospect News Private Placement Daily.
New Issue: Bel Group announces plans to place $150 million of 3% 15-year bonds
By Devika Patel
Knoxville, Tenn., June 29 – The Bel Group plans a $150 million private placement of 3% 15-year bonds, according to a press release.
Credit Agricole CIB is the lead agent with Societe General and Rabobank as joint agents.
Based in Paris, the Bel Group produces cheese and healthy snacks.
| Issuer: | The Bel Group
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| Issue: | Bond
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| Amount: | $150 million
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| Maturity: | November 2035
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| Coupon: | 3%
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| Agents: | Credit Agricole CIB (lead), Societe General and Rabobank
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| Announcement date: | June 29
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| Settlement date: | Nov. 30
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| Distribution: | Private placement
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